Baker Hughes Balance Sheet Health
Financial Health criteria checks 6/6
Baker Hughes has a total shareholder equity of $17.2B and total debt of $6.0B, which brings its debt-to-equity ratio to 35%. Its total assets and total liabilities are $38.1B and $20.9B respectively. Baker Hughes's EBIT is $3.5B making its interest coverage ratio 16.8. It has cash and short-term investments of $3.3B.
Key information
35.0%
Debt to equity ratio
US$6.02b
Debt
| Interest coverage ratio | 16.8x |
| Cash | US$3.28b |
| Equity | US$17.21b |
| Total liabilities | US$20.90b |
| Total assets | US$38.11b |
Recent financial health updates
Is Baker Hughes (NASDAQ:BKR) Using Too Much Debt?
Apr 15
Baker Hughes (NASDAQ:BKR) Seems To Use Debt Quite Sensibly
Dec 09We Think Baker Hughes (NASDAQ:BKR) Can Stay On Top Of Its Debt
Sep 02These 4 Measures Indicate That Baker Hughes (NASDAQ:BKR) Is Using Debt Reasonably Well
May 14Recent updates
Baker Hughes: Turmoil Ahead
Apr 20Is Baker Hughes (NASDAQ:BKR) Using Too Much Debt?
Apr 15Baker Hughes: Energy Services Firm Will Continue Firing On All Cylinders
Feb 22Baker Hughes Company Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Feb 03Take Care Before Diving Into The Deep End On Baker Hughes Company (NASDAQ:BKR)
Jan 09Baker Hughes: A Rare GARP Story In Energy, A Buy Into Earnings
Jan 07We Ran A Stock Scan For Earnings Growth And Baker Hughes (NASDAQ:BKR) Passed With Ease
Dec 25Baker Hughes (NASDAQ:BKR) Seems To Use Debt Quite Sensibly
Dec 09Estimating The Fair Value Of Baker Hughes Company (NASDAQ:BKR)
Nov 08Baker Hughes Q3 Results: Decent Performance, But I Am Cautious For Now
Oct 23Returns On Capital Are Showing Encouraging Signs At Baker Hughes (NASDAQ:BKR)
Oct 17Investors Aren't Entirely Convinced By Baker Hughes Company's (NASDAQ:BKR) Earnings
Oct 02Here's Why We Think Baker Hughes (NASDAQ:BKR) Is Well Worth Watching
Sep 17We Think Baker Hughes (NASDAQ:BKR) Can Stay On Top Of Its Debt
Sep 02A Look At The Fair Value Of Baker Hughes Company (NASDAQ:BKR)
Jul 29Baker Hughes: Slowing LNG Activity A Risk Ahead Of Q2 Results (Rating Downgrade)
Jul 09There's Been No Shortage Of Growth Recently For Baker Hughes' (NASDAQ:BKR) Returns On Capital
Jun 19Market Participants Recognise Baker Hughes Company's (NASDAQ:BKR) Revenues
Jun 01These 4 Measures Indicate That Baker Hughes (NASDAQ:BKR) Is Using Debt Reasonably Well
May 14Baker Hughes Should Realize Major Tailwinds Throughout The Energy Transition
Apr 26Baker Hughes Could Be This Year's Turnaround Play
Mar 06Baker Hughes: Q4 Earnings, Attractive Despite LNG Uncertainty
Jan 27Baker Hughes: LNG Winner
Jan 18Financial Position Analysis
Short Term Liabilities: BKR's short term assets ($16.8B) exceed its short term liabilities ($12.6B).
Long Term Liabilities: BKR's short term assets ($16.8B) exceed its long term liabilities ($8.3B).
Debt to Equity History and Analysis
Debt Level: BKR's net debt to equity ratio (16%) is considered satisfactory.
Reducing Debt: BKR's debt to equity ratio has reduced from 36.1% to 35% over the past 5 years.
Debt Coverage: BKR's debt is well covered by operating cash flow (54.1%).
Interest Coverage: BKR's interest payments on its debt are well covered by EBIT (16.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/07 00:20 |
| End of Day Share Price | 2025/05/07 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Baker Hughes Company is covered by 51 analysts. 23 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| William Selesky | Argus Research Company |
| Waqar Syed | ATB Capital Markets |
| Finbarr MacCarthy | Atlantic Equities LLP |